Project 1999

Go Back   Project 1999 > General Community > Off Topic

Closed Thread
 
Thread Tools Display Modes
  #91  
Old 11-05-2015, 10:06 AM
Orruar Orruar is offline
Planar Protector


Join Date: Apr 2010
Posts: 1,563
Default

Quote:
Originally Posted by Pokesan [You must be logged in to view images. Log in or Register.]
I have neither the time nor the inclination to disabuse you of the notion that government debt is the same as kitchen table bill paying.
Learn what an analogy is. It doesn't mean two things are identical in every aspect, but it is a way of comparing similar aspects of two or more things. The ability to correctly apply and interpret analogies is one of the hallmarks of intelligence.


Quote:
Originally Posted by Pokesan [You must be logged in to view images. Log in or Register.]
Funny, GDP has grown just fine every year in the last ten, except for the 2008/2009 crash when it shrunk slightly.
GDP growth has been anemic for a recovery. After the giant dip we had in 2008/2009, it was expected a recovery would look like 4-5% for a couple years at least (previous recoveries were even stronger, with 4%+ for multiple years). The best year we've had since then is 2010 with 2.5% growth, and the average is under 2%. And even if you consider that "just fine" (pretty much no economist agrees with you), it still hasn't grown nearly as quickly as debt, which has nearly doubled in the same time that GDP has increased 20%. That's not sustainable, and I think you know this.

Quote:
Originally Posted by Pokesan [You must be logged in to view images. Log in or Register.]
Maybe revenue is the issue and Bernie has the right goddamn idea - if we raise taxes, we won't have to borrow all that money you're so worried about paying interest on?

Isn't that the most elegant solution - increase government revenue so we won't have to 'waste money' on those pesky loans you're so frightened of?
And now you're deflecting from the original point. Remember that this was a discussion over whether we should have balanced budgets, and not an argument over how to achieve that goal. It now appears that you do believe in balanced budgets after all. I'm glad I was able to convince you of the wisdom of collecting enough money to cover what we're spending. Good discussion.
  #92  
Old 11-05-2015, 11:24 AM
sOurDieSel sOurDieSel is offline
Sarnak


Join Date: Apr 2010
Location: The Ghetto, USA
Posts: 418
Default

So Bernies solution to overspending by the government is to increase taxes on citizens...which will lead to more government spending and expansion which will lead to more debt and more taxation...

How about the government stop spending so much and taxing people to death. More taxes and bigger government are not the solution to already high taxes and out of control government spending.
  #93  
Old 11-05-2015, 12:01 PM
Pokesan Pokesan is offline
Banned


Join Date: Apr 2014
Posts: 5,958
Default

Quote:
Originally Posted by Orruar [You must be logged in to view images. Log in or Register.]



And now you're deflecting from the original point. Remember that this was a discussion over whether we should have balanced budgets, and not an argument over how to achieve that goal. It now appears that you do believe in balanced budgets after all. I'm glad I was able to convince you of the wisdom of collecting enough money to cover what we're spending. Good discussion.
It was never a hill I meant to die on, I wanted this discussion to take place. Suggesting governmental revenue increases to fix your non-problem is no surrender and only meant to irritate you.

Wish more would lend their thoughts on the topic.
Last edited by Pokesan; 11-05-2015 at 12:07 PM..
  #94  
Old 11-05-2015, 12:30 PM
iruinedyourday iruinedyourday is offline
Banned


Join Date: Apr 2014
Posts: 7,351
Default

Quote:
Originally Posted by sOurDieSel [You must be logged in to view images. Log in or Register.]
So Bernies solution to overspending by the government is to increase taxes on citizens...which will lead to more government spending and expansion which will lead to more debt and more taxation...

How about the government stop spending so much and taxing people to death. More taxes and bigger government are not the solution to already high taxes and out of control government spending.
Increase tax on 2% of citizens derp
  #95  
Old 11-05-2015, 12:51 PM
sOurDieSel sOurDieSel is offline
Sarnak


Join Date: Apr 2010
Location: The Ghetto, USA
Posts: 418
Default

Ok so you increase taxes on the "1%" of the super rich.

How does that help with out of control government spending? It only allows the government to continue the cycle of spending beyond their means.
  #96  
Old 11-05-2015, 12:59 PM
Pokesan Pokesan is offline
Banned


Join Date: Apr 2014
Posts: 5,958
Default

Quote:
Originally Posted by sOurDieSel [You must be logged in to view images. Log in or Register.]
Ok so you increase taxes on the "1%" of the super rich.

How does that help with out of control government spending? It only allows the government to continue the cycle of spending beyond their means.
Spending beyond their means doesn't apply to nations in the world of global finance. Grow faster than your debt payments and it's a non-issue.
  #97  
Old 11-05-2015, 01:04 PM
Raev Raev is offline
Planar Protector


Join Date: Sep 2014
Posts: 2,290
Default

Quote:
Originally Posted by Pokesan [You must be logged in to view images. Log in or Register.]
Spending beyond their means doesn't apply to nations in the world of global finance. Grow faster than your debt payments and it's a non-issue.
We aren't growing faster than our debt payments, we are PRINTING faster. So far we haven't seen the logical inflationary results because the real world is still in a massive deflationary recession. Eventually the central banks will fuck up and interest rates will go from 0% to 50%+ virtually overnight as people suddenly refuse to take dollars/euros/yen/yuan/other fiat junk. And that is when the shit will REALLY hit the fan.
  #98  
Old 11-05-2015, 02:02 PM
iruinedyourday iruinedyourday is offline
Banned


Join Date: Apr 2014
Posts: 7,351
Default

Quote:
Originally Posted by sOurDieSel [You must be logged in to view images. Log in or Register.]
Ok so you increase taxes on the "1%" of the super rich.

How does that help with out of control government spending? It only allows the government to continue the cycle of spending beyond their means.
First thing you do is stop putting dip shit republicans in power. Thats the only way to stop out of control government spending.

Bernie sanders is against all of this: https://www.nationalpriorities.org/cost-of/

Ridiculous spending is NOT spending the money we collect on taxes on the people and instead spending it on wars we dont need & corporate bailouts.

The governments role is to provide human services for its citizens... we dont live here under a government because of its mercy, its job is to make our time living here better. But right now we collect taxes and allow small parties to use it to get richer, we spend it on wars we dont need (that Bernie has voted and fought against unlike all the other candidates).

Roads, police, healthcare, infrastructure, laws to protect the tax payers, education, regulations on food so you arnt eating food made from human shit.. that stuff isnt out of control spending. Thats the whole point in the first place. Thats what Bernie wants to change our taxation spending on.

Believe me, if a corporation was allowed to make food out of shit, and call it healthy, it would.

You want to stop out of control government spending? Dont attack the person who is fighting to do exactly that while hoisting up more people that are the cause of it in the first place.
  #99  
Old 11-05-2015, 03:06 PM
KagatobLuvsAnimu KagatobLuvsAnimu is offline
Banned


Join Date: Aug 2014
Location: Gensokyo
Posts: 1,709
Default

Milking that scapegoat to death.
  #100  
Old 11-05-2015, 03:30 PM
B4EQWASCOOL B4EQWASCOOL is offline
Fire Giant

B4EQWASCOOL's Avatar

Join Date: Apr 2015
Posts: 869
Default

ITT: Obese people blindly, and passionately, arguing about shit they're too fat to change. Dumb. Fat.
Closed Thread


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 11:39 AM.


Everquest is a registered trademark of Daybreak Game Company LLC.
Project 1999 is not associated or affiliated in any way with Daybreak Game Company LLC.
Powered by vBulletin®
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.